Bitcoin Price Prediction: $80K–$82K Buy Zone Puts $90K in Focus

This is evidence of an ongoing pullback. Hence, we see the $82,000 to $80,000 area as a high-probability price zone from which BTC will likely bounce strongly as long as market conditions remain unchanged.

It is worth noting that tomorrow’s inflation print will be critical to determine if this area will hold or not. A higher than expected PCE Price Index may weaken this demand zone or increase the selling pressure too much, to the point that this cluster could break.

If it holds, the odds of a breakout above the $85,000 area would be quite high, and we envision a first target of $90K in the near term. This trade offers an attractive 4x risk-reward ratio with an appropriate entry.